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VCSC Daily - Tepid trading on decline in PMI, gasoline and cooking gas price hikes

Tepid trading as PMI declines for 2nd month, gasoline and cooking gas prices hiked. The first day of trading in the third quarter starts slow as trading turnover shrank by 54% on both the HOSE and HNX, to VND500bn and VND130bn, respectively, compared to last Friday. The figures are the lowest in the last two months and significantly lower than the year-to-date daily averages of VND1,086bn on the HOSE and VND422bn on the HNX.